Koh Brothers Eco wins new contract from customer it can't disclose yet

The Edge Singapore
2024-12-17

The company had earlier won a $77.6 million contract

Koh Brothers Eco Engineering has won a new contract from an unnamed public sector customer. However, it has yet to receive approval to disclose the contract amount, and who this client is except that this win is "expected to improve its existing order book."

Ahead of this announcement after market on Dec 17, the company had called for a trading halt before market on Dec 16.

On Nov 19, the company announced it was given a $77.6 million contract from Sport Singapore to redevelop the Toa Payoh Integrated Development site, bringing its total order book to $585.7 million.

Koh Brothers Eco Engineering shares last changed hands at 4.1 cents, up 105% year to date, valuing the company at $130.95 million.

Besides its own construction business, Koh Brothers Eco holds a stake of more than 68% in separately listed Oiltek International Hqu.

Based on Oiltek's Dec 17 closing price of $1.06, Koh Brother Eco's stake is worth $103 million.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10